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BEIJING, Sept. 28 (Xinhua) -- Chinese Premier Wen Jiabao celebrated the successful return of Chinese taikonauts who had completed the country's third manned space mission on Sunday. Together with other senior officials and officers at the Beijing Aerospace Control Center (BACC), Wen watched the re-entry of Shenzhou-7 space module to Earth in a live transmission. China's Shenzhou-7 spacecraft's re-entry module lands safely in north China's Inner Mongolia Autonomous Region.After the module landed in China's northern grassland and the three taikonauts Zhai Zhigang, Liu Boming, and Jing Haipeng moved out of the spaceship by themselves, Wen congratulated the victory with the technical staff members and operators in the center. Delivering a congratulatory note from the central authorities, Wen said the mission was "a victory of the Chinese space and technological field and a monumental achievement in the socialist causes". One of the three Chinese taikonauts (R) is ready to get out of Shenzhou-7 re-entry module after their safe landing in North China's Inner Mongolia Autonomous Region on Sept. 28, 2008The taikonauts were lifted into space at 9:10 p.m. Thursday at the Jiuquan Satellite Launch Center, where the country's first twomanned space missions took off in 2003 and 2005. The three taikonauts came back from a 68-hour flight, included a historic 20-minute spacewalk of Zhai Zhigang on Saturday. Photo taken on Sept. 28, 2008 at Beijing Space Command and Control Center in Beijing, China, shows Shenzhou-7 re-entry module being parachuted to the groundTheir spacecraft circled Earth 46 laps before descending at the Siziwang Banner in north China's Inner Mongolia Autonomous Region at 5:37 p.m. Sunday. The taikonauts were taken to a hospital in the Inner Mongolian capital Hohhot for medical examination and would be flown to Beijing on Monday for a two-week quarantine.
BEIJING, Sept. 12 (Xinhua) -- The government has cut back on import taxes on spare parts of large equipment and canceled the import tariff exemption on some complete sets. The adjustments were made to support the domestic manufacturing of large equipment, said the Ministry of Finance. Taxes levied on domestic enterprises for importing key spare parts of large equipment, including ultra- and extra-high voltage transmission equipment and transformers, large petro-chemical equipment and large coal-chemical equipment, would be refunded and injected into the enterprises as investment from the nation, it said. The policy applied to imports after Jan. 1, 2008, depending on the date of declaration of imports. In the meantime, the import of some complete sets of equipment by enterprises approved after Sept. 1, 2008 would no longer enjoy the tax exemption. Both domestic and foreign-funded projects are subject to the new policy, the ministry said. Imports of such equipment by enterprises approved before Sept. 1 would continue to enjoy the previous tax policies until March 1,2009.

BEIJING, Oct. 1 (Xinhua) -- Some 53.2 million people hit the roads in China on Wednesday, the third day of the "golden week", said a Ministry of Transport (MOT) spokesman. Although that figure was an increase of 5.1 percent year-on-year, it was 4.2 percent lower than Tuesday's 55.5 million, because most travelers began their journey in the first two days of the holiday, he said. The "golden week" National Day holiday this year runs from Sept. 29 to Oct. 5. The spokesman said 740,000 medium-sized and large vehicles were used to move travelers around the country on Wednesday, compared with Tuesday's 760,000 vehicles. People watch the national flag raising ceremony at the Tian'anmen Square in Beijing, capital of China, Oct. 1, 2008. Some 53.2 million people hit the roads in China on Wednesday, the third day of the "golden week", said a Ministry of Transport (MOT) spokesman The transportation situation nationwide remained stable on Wednesday, and there were no serious traffic accidents. Trains transported 5.83 million people on Tuesday, up 19.6 percent from a year earlier, according to the Ministry of Railways. Some 920,000 people traveled by water on Wednesday, up 1.1 percent over the same day last year, said the MOT.
BEIJING, Oct. 4 (Xinhua) -- The ongoing global financial turbulence will have a limited impact on China's banks and financial system in the short run, according to officials and experts. "We feel China's financial system and its banks are, to the chaos developed in the U.S. and other parts of the world, relatively shielded from those problems," said senior economist Louis Kuijs at the World Bank Beijing Office. He told Xinhua one reason was that Chinese banks were less involved in the highly sophisticated financial transactions and products. "They were lucky not to be so-called developed, because this (financial crisis) is very much a developed market crisis." Farmers harvest rice in 850 farm in Northeast China's Heilongjiang Province on Sept. 26, 2008. A few Chinese lenders were subject to losses from investing in foreign assets involved in the Wall Street crisis, but the scope and scale were small and the banks had been prepared for possible risks, Liu Fushou, deputy director of the Banking Supervision Department I of the China Banking Regulatory Commission, told China Central Television (CCTV). Chinese banks had only invested 3.7 percent of their total wealth in overseas assets that were prone to international tumult, CCTV reported. The ratio of provisions to possible losses had exceeded 110 percent at large, state owned listed lenders, 120 percent at joint stock commercial banks and 200 percent at foreign banks. Kuijs noted most of the banks resided in China where capital control made it more difficult to move money in and out. Besides, the country's large foreign reserves prevented the financial system from a lack of liquidity, which was troubling the strained international markets. "At times like this, one cannot rule out anything," he said. "But still we believe the economic development and economic fundamentals in China are such that it's not easy to foresee a significant direct impact on the financial system." However, he expected an impact on China's banks coming via the country's real economy, as exports, investment and plans of companies would be affected by the troubled world economy and in turn increase pressure on bad loans. Wang Xiaoguang, a Beijing-based macro-economist, said the growing risks on global markets would render a negative effect on China in the short term but provided an opportunity for the country to fuel its growth more on domestic demand than on external needs. He urged while China, the world's fastest expanding economy, should be more cautious of fully opening up its capital account, the government should continue its market reforms on the domestic financial industry without being intimidated. Chinese banks had strengthened the management of their investments in overseas liquid assets and taken a more prudent strategy in foreign currency-denominated investment products since the U.S.-born financial crisis broke out, CCTV reported.
BEIJING, Aug. 9 (Xinhua) -- Chinese President Hu Jintao on Saturday met separately with several foreign leaders in the Great Hall of the People in central Beijing. The foreign leaders included President of the Republic of Korea (ROK) Lee Myung bak, President of the Philippines Gloria Macapagal Arroyo, Mongolian President Nambaryn Enkhbayar, Uzbek President Islam Karimov, and Australian Prime Minister Kevin Rudd. The leaders all attended the opening ceremony of the Beijing Olympic Games, held in the National Stadium in north Beijing on Friday night. Chinese President Hu Jintao (R) shakes hands with President of the Republic of Korea (ROK) Lee Myung bak during their meeting in Beijing, China, Aug. 9, 2008. Lee Myung bak attended the opening ceremony of the Beijing Olympic Games on Friday night. In his meeting with the ROK president, Hu called for more efforts from all parties involved to advance the six-party talks to a new stage. "We hope all parties of the six-party talks enhance communication and coordination, try to implement the second phase action of the talks soon in a comprehensive and balanced way, and advance the talks to a new stage," said Hu. He reaffirmed China's consistent support for the reconciliation and cooperation between the north and south of the Korean Peninsula. The ROK president responded that the six-party talks are progressing on the right track, and the ROK will strive to promote the development of south-north relations in the right direction. On the China-ROK relationship, President Hu said the relationship is heading in the right direction, and he is looking forward to his forthcoming state visit to the ROK. Lee said the ROK government and people are pleased with the establishment and development of the strategic partnership with China and are looking forward to Hu's visit. Chinese President Hu Jintao (R) shakes hands with President of the Philippines Gloria Macapagal Arroyo during their meeting in Beijing, China, Aug. 9, 2008. Gloria Macapagal Arroyo attended the opening ceremony of the Beijing Olympic Games on Friday night. Meeting with President Arroyo, Hu said that trade and economic cooperation between China and the Philippines in recent years has maintained rapid development and brought concrete benefits to the two peoples. "We hope China and the Philippines forge ahead with the existing trade and economic cooperation projects, and explore new fields of cooperation at the same time," Hu said. Hu also thanked Arroyo for her invitation of 100 Chinese children from the quake-battered areas to visit the Philippines for rehabilitation. Reiterating the Philippines' adherence to the one-China policy, Arroyo said that her country looks forward to deepening and expanding cooperation with China in various fields. Chinese President Hu Jintao (R) shakes hands with Mongolian President Nambaryn Enkhbayar during their meeting in Beijing, China, Aug. 9, 2008. Nambaryn Enkhbayar attended the opening ceremony of the Beijing Olympic Games on Friday night.In the meeting with his Mongolian counterpart, Hu said that China and Mongolia are on a smooth track of developing their relations, and the two countries have broad potentials and bright prospects in friendly cooperation. He said that the two countries will celebrate the 60th anniversary of the establishment of their diplomatic ties next year, and hoped that the two sides could hold various activities to enhance friendship and bolster exchanges.
来源:资阳报